Germany Says It Can’t Thwart Potential Hostile Commerzbank Deal
18 hours ago · November 13, 2024 at 4:27 AM PST. Translate. The German government said it wouldn’t be able to thwart an acquisition of Commerzbank AG by UniCredit SpA, highlighting the limited influence it has ...
Exclusive: Commerzbank considers buying German rival to ward …
1 day ago · A company logo is pictured at the headquarters of Germany's Commerzbank AG during the annual results news conference in Frankfurt, Germany, February 13, 2020.
Germany’s Commerzbank weighs domestic rival purchase to …
19 hours ago · Germany’s Commerzbank is looking to acquire a mid-sized German bank as a strategic move to prevent a potential takeover by Italy's UniCredit, reported Reuters citing sources. The discussions are ...
Exclusive-Commerzbank considers buying German rival to ward …
1 day ago · Commerzbank AG annual results news conference in Frankfurt · Reuters John O'Donnell, Emma-Victoria Farr and Tom Sims Updated Tue, Nov 12, 2024, 12:31 PM 3 min read
New German Finance Chief Slams UniCredit’s Commerzbank …
1 day ago · Germany’s new finance minister used his first public speech since taking office to voice sharp criticism of the tactics UniCredit SpA used in building a major stake in Commerzbank AG.
Why Germany Is Resisting UniCredit’s Takeover of Commerzbank …
Nov 1, 2024 · The German government bought shares in Commerzbank in 2009 to help shore up the institution in the wake of the global economic downturn. It decided in September to begin selling off its shares,...
Olaf Scholz says Germany opposes a Commerzbank takeover
Sep 23, 2024 · German Chancellor Olaf Scholz has come out against a UniCredit takeover of Commerzbank after the Italian lender said it was raising its stake from about 9 per cent to 21 per cent.
Commerzbank shares surge after UniCredit's latest stake acquisition
Sep 12, 2024 · Shares of Commerzbank, Germany's second-largest bank, surged 17% following news that the Italian lender UniCredit had acquired a 9% stake in the bank on Wednesday. The acquisition price was...
Germany Opposes Commerzbank Takeover But Concedes Hands …
Sep 25, 2024 · Germany has been sharpening its rhetoric in favor of Commerzbank independence ever since rival UniCredit SpA started building a stake this month. The rapid increase in the Italian bank’s...
Commerzbank warns UniCredit merger is threat to German …
Sep 23, 2024 · Commerzbank’s management has warned the German government that a potential multibillion-euro merger with UniCredit is a threat to businesses that make up the backbone of Europe’s biggest economy.